Chinese Bonds Bounce Back on Bank Demand, Pullback in Equities
Chinese banks are deploying excess cash into the bond market, fueling a recovery just as a cooling stock rally draws investors back to government debt.
By Charlie Zhu, Wenjin Lv, Shulun Huang, Jing Zhao ยท Bloomberg Markets
Chinese banks are deploying excess cash into the bond market, fueling a recovery just as a cooling stock rally draws investors back to government debt.